Latest round

Series A

Last raised

Aug 2021

Total raised

$44M

Investors

4

About Veryable

Veryable, Inc.Founded in 2016 in Dallas, US, Veryable, Inc. operates as a labor marketplace, facilitating the connection between businesses and flexible labor. The company was co-founded by Michael Kinder and Noah Labhart, with Michael Kinder currently serving as CEO.9 mn.Veryable's primary offering is an on-demand labor marketplace designed to provide manufacturers and distributors with a flexible workforce that can be utilized as needed. This platform allows businesses to match their labor supply to fluctuating work demands, thus enabling just-in-time operational responses and optimizing productivity levels. Veryable's technology integrates seamlessly with existing systems such as ERP, WMS, and HRIS to enhance workforce management by leveraging real-time data for monitoring production demands and optimizing labor plans.Veryable's revenue structure is primarily based on transactions within its on-demand labor marketplace. Businesses subscribe to access the platform, which connects them with a flexible labor pool that can be engaged for short-term or specific tasks. The payment model typically involves charges for labor utilization, allowing clients to pay for only the labor they require, thus aligning costs with actual production demands. This model supports a range of clients, from multinational corporations to small family-owned businesses, seeking to enhance operational efficiency while managing labor costs effectively.In August 2021, Veryable, Inc. This strategic growth initiative aims to further capitalize on the demand for flexible labor solutions in various industries.

Who invested in Veryable

4 investors across 4 rounds

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Funding rounds

  1. Series A

    Aug 10, 2021

    Amount

    $32M

    Investors

    Locked

  2. Seed

    Mar 2, 2020

    Amount

    $6M

    Investors

    Locked

  3. Seed

    Mar 26, 2019

    Amount

    $3.5M

    Investors

    Locked

  4. Seed

    May 31, 2018

    Amount

    $2.5M

    Investors

    Locked

Questions about Veryable

Who invested in Veryable?

Veryable has 4 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Veryable raised?

Veryable has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Veryable last raise money?

Veryable's most recent round on record is a Series A, in Aug 2021.

What does Veryable do?

Veryable is a internet company.

Where is Veryable headquartered?

Veryable is headquartered in Dallas, US.

Which VCs invest in companies like Veryable?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Veryable's stage. Their profiles are linked below.

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